The state of the Asian market: the US dollar remains in uncertainty

During the Asia-Pacific session, the US dollar remains in some uncertainty, weakening against its main competitors. Despite a slight increase in the Wall Street index, the world stock indices are trading in different directions. The preservation of such sentiments was caused by the mixed data on inflation in China and Trump’s visit to China.

Despite the fact that the American remains under pressure, the dynamics of the market remains limited to Tuesday levels. Given these dynamics, one should expect the continuation of lateral trends in most of the trading instruments.

Recommended for reading: https://esterholdings.com/en/2017/11/07/svojstva-kross-kursov/ and https://esterholdings.com/en/2017/11/07/slovar-trejdera-dlya-torgovli-na-rynke-forex/

Hanzenko Anton